Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.79B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$576M |
| 3 |
Microsoft
MSFT
|
+$546M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$436M |
| 5 |
JPMorgan Chase
JPM
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.48B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$765M |
| 4 |
Apple
AAPL
|
+$656M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$526M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 90.23% |
| 2 | Technology | 2.7% |
| 3 | Consumer Discretionary | 1.66% |
| 4 | Financials | 1.18% |
| 5 | Communication Services | 1.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2201
Occidental Petroleum Corp Warrants
OXY.WS
$34.5B
| $12.7M | ﹤0.01% |
339,982
+6,688
| +2% | +$256K |
|
2202
PUT
Polaris
PII
$3.65B
| $12.7M | ﹤0.01% |
104,800
-82,300
| -44% | -$9.1M |
|
2203
PUT
W.P. Carey
WPC
$16.1B
| $12.7M | ﹤0.01% |
191,335
+147,228
| +334% | +$10.2M |
|
2204
Global Payments
GPN
$24.5B
| $12.7M | ﹤0.01% |
128,506
-106,634
| -45% | -$11M |
|
2205
PUT
Conagra Brands
CAG
$7.71B
| $12.7M | ﹤0.01% |
375,300
+129,200
| +52% | +$4.66M |
|
2206
State Street SPDR S&P China ETF
GXC
$472M
| $12.6M | ﹤0.01% |
171,432
+168,790
| +6,389% | +$13.1M |
|
2207
CALL
iQIYI
IQ
$930M
| $12.6M | ﹤0.01% |
2,367,400
-1,262,100
| -35% | -$7.09M |
|
2208
Fluor
FLR
$7.19B
| $12.6M | ﹤0.01% |
426,966
+102,815
| +32% | +$2.95M |
|
2209
PUT
Amplify Blockchain Technology ETF
BLOK
$1.14B
| $12.6M | ﹤0.01% |
555,500
+143,500
| +35% | +$2.88M |
|
2210
PUT
WillScot Mobile Mini Holdings
WSC
$3.85B
| $12.6M | ﹤0.01% |
264,400
+48,200
| +22% | +$2.16M |
|
2211
PUT
MasTec
MTZ
$19.9B
| $12.6M | ﹤0.01% |
107,100
+21,100
| +25% | +$2.07M |
|
2212
PUT
Mid-America Apartment Communities
MAA
$15B
| $12.6M | ﹤0.01% |
83,100
+29,600
| +55% | +$4.45M |
|
2213
Atmos Energy
ATO
$28.2B
| $12.6M | ﹤0.01% |
108,456
-27,309
| -20% | -$3.16M |
|
2214
PUT
iShares MSCI China ETF
MCHI
$6.22B
| $12.6M | ﹤0.01% |
282,000
-95,200
| -25% | -$4.45M |
|
2215
CALL
FLEX LNG
FLNG
$1.69B
| $12.6M | ﹤0.01% |
413,000
-180,700
| -30% | -$5.78M |
|
|
FSR
2216
PUT
DELISTED
Fisker Inc.
FSR
| $12.6M | ﹤0.01% |
2,234,900
+1,150,200
| +106% | +$6.63M |
|
2217
CALL
Olin
OLN
$1.97B
| $12.6M | ﹤0.01% |
245,200
-33,900
| -12% | -$1.8M |
|
2218
PUT
Frontline
FRO
$9.72B
| $12.6M | ﹤0.01% |
867,000
+145,700
| +20% | +$2.18M |
|
|
VSTO
2219
PUT
DELISTED
Vista Outdoor Inc.
VSTO
| $12.6M | ﹤0.01% |
455,000
-13,400
| -3% | -$362K |
|
2220
PUT
Albertsons Companies
ACI
$5.97B
| $12.6M | ﹤0.01% |
576,300
+53,800
| +10% | +$1.12M |
|
2221
CALL
Huntsman Corp
HUN
$1.69B
| $12.6M | ﹤0.01% |
465,200
+138,600
| +42% | +$3.6M |
|
2222
CALL
Entegris
ENTG
$22.1B
| $12.6M | ﹤0.01% |
113,300
-58,700
| -34% | -$5.35M |
|
2223
Boston Beer
SAM
$1.89B
| $12.5M | ﹤0.01% |
40,656
-12,398
| -23% | -$3.99M |
|
2224
PUT
Viatris
VTRS
$19.6B
| $12.5M | ﹤0.01% |
1,255,100
+365,500
| +41% | +$3.49M |
|
|
2225
PUT
FLEX LNG
FLNG
$1.69B
| $12.5M | ﹤0.01% |
410,200
+73,500
| +22% | +$2.35M |
|
Similar funds
Jeff Yass's Q2 2023 Portfolio in Review
As of Q2 2023, Jeff Yass held 13,811 positions worth $492B, up 4.6% from $470B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jeff Yass's Q2 2023 filing shows 1,371 new, 4,862 increased, 5,559 reduced and 1,866 closed positions. Its largest new stake was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M. The largest sale was Invesco QQQ Trust, an estimated $2.48B.
By sector, the portfolio is most concentrated in Miscellaneous at 90% of assets, down from 90% a quarter earlier, followed by Technology and Consumer Discretionary.
- Jeff Yass's largest Q2 2023 buy was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M.
- Jeff Yass added most to NVIDIA in Q2 2023, an estimated $1.79B increase.
- Jeff Yass's biggest Q2 2023 reduction was Invesco QQQ Trust, cutting an estimated $2.48B.
- Jeff Yass fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q2 2023, selling an estimated $45.5M.
- Jeff Yass's ten largest holdings make up 30% of its $492B portfolio in Q2 2023.
- Jeff Yass opened 1,371 new positions and closed 1,866 in Q2 2023.
- Jeff Yass's portfolio value rose 4.6% quarter-over-quarter to $492B.
Based on Susquehanna International Group's 13F filing for Q2 2023, filed 11 Aug 2023.